Gbpusd short trade idea1.

9 May 2023

Consider the demand in an hourly timeframe and how the gbpusd is having a good negative correlation with usdcad, l see this pair selling whilst usdcad goes up, l would wait for the pair to show some bearing signs at the demand zone around the price 1.2648 and stop loss is at 1.2675 and take profit at 1.2486, as l said lm waiting for a signficant bearing sign and place my trade.